Ripple Africa Fund
Company: Ripple VC
Asset Type: Finance
The Ripple Africa Fund is a conglomerate of entrepreneurs and startups across the African continent.
The Ripple Africa Fund is investing in companies using science and advanced technology to solve trillion dollar problems. Ripple VC backs entrepreneurs and startups across the African continent.
There is an immediate pipeline of opportunities to invest in some of the brightest startups in Africa, including:
Ripple’s sourcing funnel accesses ~25% of seed deals done in Africa and filters the top 1%, including:
Ripple also has a global network of experts bringing operational, scientific, and technical insight.
Top 3 ways Ripple VC helps companies and makes their own luck on returns
- Focus energies on helping with corporate partnerships and Fortune 500 relationships
- Worked closely with Indicina, a digital lending platform, to secure a $50,000 contract with a Nigerian national bank to broaden access to credit for un(der)banked customers
- Coach Founders to leverage the best of Silicon Valley success model
- Happy customers, high retention rate, unit economics of 2:1 and growing, clear path to $1M-$2M in ARR and profitability in 12-18 months
- Bring global network of investors for future funding rounds
- Acuity Ventures, DCVC, FMO, Flotilla Asset Management, All Raise, Fort Ross Ventures, PivotNorth Capital, EchoVC, R31 Capital, and many more
Ripple VC’s differentiated niche positioning, with a focus on deep tech and leading seed rounds, complements Africa-focused seed VCs and encourages them to co-invest alongside Ripple VC. Other Africa-focused seed VCs prefer to write smaller checks during seed rounds and prefer to access deep tech deals through co-investing.
Africa’s dynamic and fast-growing tech sector continues to break new records:
This is a test the waters page. Please register your interest to gain access to this opportunity via the button.
The above descriptions regarding the Portfolio Manager’s investment decision process, risk management and portfolio management practices, and volatility characteristics are derived solely from the Portfolio Manager, and although thought to be reliable, has not been independently verified and cannot be guaranteed. The Issuer makes no representations or warranties as to the accuracy or completeness of such information. The pro forma performance results reflected in the table above represent the Portfolio Manager’s actual net performance, as reported by the Portfolio Manager. All the underlying performance and fee information has been provided by the Portfolio Manager, and although assumed to be reliable, has not been independently verified by The Issuer and cannot be guaranteed. The Issuer makes no representations or warranties as to the accuracy or completeness of such information. The actual rates of return for investors in this strategy may differ. Past performance is not a guarantee of future results. The performance results reflected on the tables are based on the assumptions noted for each chart and are net of: (i) fees and incentive allocations to the portfolio manager, and (ii) transaction costs and other expenses incurred by the portfolio manager. The leverage assumptions, if any, reflected on the tables above as well as accompanying tables can have a significant effect on performance results, and is not necessarily indicative of actual leverage used by the portfolio managers during those periods, and is subject to change. This Presentation, and the information set forth herein and in related disclosures, does not constitute an offer or solicitation to invest in this Strategy or any investment vehicle managed by The Issuer. There are substantial risks to investing in the Strategy and all interested parties should carefully consider them prior to investing. Past performance is neither indicative nor a guarantee of future results. No assurance can be made that profits will be achieved or that substantial losses will not be incurred.